4146]Read the following table and answer the questions. [Case of Pure Competition)

(note: Q=total product,TFC=total fixed cost,TVC=total variable cost,AFC=average fixed cost, AVC=average variable cost, ATC=average total cost, MC=marginal cost)

QTFCTVCTCAVCMC

0$300_____-

_____

13045_____45

_____

23085_____42.5

_____

330120_____40

_____

430150(1)____37.5

_____

530185_____37

_____

630225_____37.5

(2) _____

730270_____38.6

_____

830325_____40.6

_____

930390_____43.3

_____

1030465_____46.5

===================================================================

44. If price of each product is $38,this firm expected to:

a. be operating in the short run.

b. be not operating in the short run.

c. quit and come back in the short run.

d. none of the above.